Funding arb · Price arb /

UNI

all UNI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h +0.009%

Price spread now: 01 Exchange against Binance+0.203%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.203% dearer against Binance than usual: you sell high and buy low (spread +0.203% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UNIUSDT	8.9040	0.0100	pay 0.0100% / 8h	1h 14m	$218.8M	$589.4M	75x
Short	01 Exchange UNIUSD	8.9221	0.0064	get 0.0008% / 1h	14m 00s	$445	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee 01 ExchangebpOrdersPrice spread, now +0.203%Rate

Funding earned: −$7.56
Price spread: +0.203% → 0.000%: $20.3
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$4.26
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Binance: live order book, 15 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 15 min ago	0.57 bp	7.6 bp −$8	11.9 bp −$119	24.3 bp −$2,433	146.7 bp −$73.4K
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni UNI	−0.0045%	8h	8.9174	+0.150%	$3.9M	$4.5M	—	as long as short
Bybit UNIUSDT	+0.0004%	8h	8.9020	−0.023%	$101.6M	$104.7M	75x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	8.9186	+0.164%	$62K	—	150x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0014%	1h	8.9196	+0.175%	$567K	$157K	50x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.831%	$660	$155K	12x	as long as short
OKX UNI-USDT-SWAP	+0.0048%	8h	8.9010	−0.034%	$55.1M	$245.7M	50x	as long as short
01 Exchange UNIUSDshort	+0.0064%	1h	8.9221	+0.203%	$445	—	10x
Paradex UNI-USD-PERP	+0.0100%	8h	8.9182	+0.159%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9205	+0.185%	$945K	$4.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9143	+0.115%	$1.0M	$3.3M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.9252	+0.238%	$301K	$577K	10x	as long as short
Binance UNIUSDTlong	+0.0100%	8h	8.9040	long leg	$218.8M	$589.4M	75x
Arcus UNI-USD	+0.0100%	1h	8.9260	+0.247%	$275K	$621K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9050	+0.011%	$23.0M	$58.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9070	+0.033%	$43.1M	$24.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9150	+0.123%	$13.6M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9010	−0.034%	$32.2M	$41.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9040	0.000%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9105	+0.073%	$989K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8836	−0.229%	$167K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8880	−0.180%	$627K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8860	−0.202%	$88K	$712K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9200	+0.179%	$106K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9186	+0.164%	$86K	$354K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9140	+0.112%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9253	+0.239%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9150	+0.123%	$25K	$666K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9312	+0.305%	$732K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9120	+0.090%	$26.8M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8997	−0.049%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9143	+0.115%	$32K	$1K	3x	as long as short
dYdX UNI-USD	+0.0117%	1h	8.9253	+0.239%	$247K	$6K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9220	+0.202%	$9.9M	$3.4M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0224%	1h	8.9320	+0.314%	$1.1M	$5.3M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0339%	1h	8.9212	+0.193%	$5.0M	$7.0M	50x	as long as short
Reya UNIRUSDPERP	+0.0362%	1h	8.9150	+0.123%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0319%	1h	8.9179	+0.156%	$559K	—	120x	as long as short
Hyperliquid UNI	+0.0396%	1h	8.9197	+0.176%	$98.2M	$59.3M	10x	as long as short
Lighter UNI	+0.0632%	1h	8.9328	+0.323%	$4.6M	$5.2M	15x	as long as short
Aftermath Perps UNIUSD	+0.0645%	1h	8.9014	−0.029%	$1K	$49K	10x	as long as short